Publisher description for Financial crisis and transformation of Korean business groups : the rise and fall of chaebols / Sea-Jin Chang.


Bibliographic record and links to related information available from the Library of Congress catalog


Information from electronic data provided by the publisher. May be incomplete or contain other coding.


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This book explores the strategies that chaebols--Korean business groups--have pursued by examining their structures and assessing their performance. It highlights the strengths of chaebols that enable their fast growth, as well as the weaknesses that waylaid them when the 1999 Asian crisis occurred. Sea-Jin Chang asserts that the Korean government's restructuring efforts have not been successful and demonstrates why measures that overhaul chaebols' financial structures and strengthen their systems are necessary. He predicts that they will emerge again as stronger, more focused global players.


Library of Congress subject headings for this publication:
Corporations -- Korea (South) -- Finance.
Conglomerate corporations -- Korea (South)
Financial crises -- Korea (South)
Corporate governance -- Korea (South)